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LEAD STORY
ROOFING
Fast Facts
The India roofing market is anticipated to grow at a
CAGR of 7% in the forecast period of 2023-2028 to
reach a value of US$9.7 billion by 2026.
The growing R&D activities towards new roofing
technologies and the introduction of green roofing are
expected to be the key trends guiding the growth of
the industry.
Bituminous, tiles, metal, and plastic, among others are
the major roofing materials in the industry.
Green roofing options such as shingle recycling
programs or recycled asphalt shingles which use 85%
recycled material instead of new material. These types
of recycled roofing products are becoming increasingly
popular due to their environmental friendliness while still
providing superior protection against weather elements
like wind and rain.
Solar panel roofs or “cool roofs” which are roofs made
with reflective materials absorb less heat than traditional
materials. This can help reduce energy costs as well as
provide an aesthetic benefit.
Roofs hold critical importance in any building be it commercial or agriculture sector for protecting garages, porches, and sheds. The
residential, owing to the strong need for safety and security of the expansion of the agriculture sector in the country on account of
structure. The materials used to construct the roofs of homes and the rising population and surging food requirements is influencing
commercial structures including offices, hotels, and educational the market positively. Additionally, the emerging green building
institutions include asphalt shingles, metal, elastomeric, roofing concept is increasing public awareness about climate change,
tiles, modified bitumen, and plastic. According to imarc, a shift which is catalyzing the demand for zinc-aluminum coated sheets
in consumer preferences from conventional roofing materials that provide excellent atmospheric resistance.
towards reliable product variants on account of inflating income Demand for roofing products is also increasing as a result of
levels represents one of the major factors bolstering the market technological improvements including eco-friendly roofing
growth in India. Moreover, polycarbonate roofing sheets are materials, green roofing, and drones for roof inspections.
gaining traction as they are easy to install in industrial and large- Another research by EMR pointed out that metal roofs are likely
scale commercial buildings, weather-resistant, and available to account for a significant share in the market. The metal roofs
in various textures and designs with low maintenance costs. are witnessing increased demand as they provide resistance
They are also utilized in sky lighting, swimming pools, walkways, to fire and imparts strength and durability to the structure due
and display signboards. Apart from this, the emerging trend of to their superior quality. The increasing inclination of builders
clear roofing panels in patios, sunrooms, and places that need towards metal roofs is expected to propel the demand for the
natural light through the roof is contributing to market growth. material, thus aiding the overall market growth. As metal roofs
These panels contain protective film layers that filter out harmful can lower energy consumption, can be recycled, and reduce a
ultraviolet (UV) sun rays. Furthermore, as corrugated roofing sheets home’s carbon footprint, the material is expected to be one of
are strong, durable, and eco-friendly and offer reliable utility and the most preferred components towards structuring a building in
enhanced strength, they are finding extensive applications in the the coming years.
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